Azerbaijan (AZE) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Azerbaijan-Georgia In 2022, Azerbaijan exported $645M to Georgia. The main products that Azerbaijan exported to Georgia are Petroleum Gas ($349M), Raw Iron Bars ($49.3M), and Refined Petroleum ($44.3M). During the last 26 years the exports of Azerbaijan to Georgia have increased at an annualized rate of 7.85%, from $90.3M in 1996 to $645M in 2022.

In 2008, Azerbaijan exported services to Georgia worth $29.7M, with Transportation ($13.1M), Construction services ($10M), and Services not allocated ($5.69M) being the largest in terms of value.

Georgia-Azerbaijan In 2022, Georgia exported $668M to Azerbaijan. The main products that Georgia exported to Azerbaijan were Cars ($309M), Processed Tobacco ($25.8M), and Bovine ($23M). During the last 26 years the exports of Georgia to Azerbaijan have increased at an annualized rate of 12.7%, from $30M in 1996 to $668M in 2022.

In 2022, Georgia did not export any services to Azerbaijan.

Comparison In 2022, Azerbaijan ranked 82 in the Economic Complexity Index (ECI -0.47), and 65 in total exports ($38.9B). That same year, Georgia ranked 62 in the Economic Complexity Index (ECI 0.027), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $645M to Georgia. The main products exported from Azerbaijan to Georgia were Petroleum Gas ($349M), Raw Iron Bars ($49.3M), and Refined Petroleum ($44.3M). During the last 26 years the exports of Azerbaijan to Georgia have increased at an annualized rate of 7.85%, from $90.3M in 1996 to $645M in 2022.

In 2022, Georgia exported $668M to Azerbaijan. The main products exported from Georgia to Azerbaijan were Cars ($309M), Processed Tobacco ($25.8M), and Bovine ($23M). During the last 26 years the exports of Georgia to Azerbaijan have increased at an annualized rate of 12.7%, from $30M in 1996 to $668M in 2022.

Exports from Azerbaijan () to Georgia () (2022)

Exports from Georgia () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Georgia ()

Azerbaijan Exports

Date

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Georgia
Top DestinationChina$759M

This map shows whether countries import more from Azerbaijan or Georgia. Each country is colored based on the difference in imports they receive from Azerbaijan and Georgia or the difference in the growth in imports.

In 2021, countries that imported more from Azerbaijan than Georgia were Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2021, countries that imported more from Georgia than Azerbaijan were Armenia ($571M), China ($759M), and United States ($327M).

Difference in imports from Georgia () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Azerbaijan and Georgia by product, considering products traded by both, Azerbaijan and Georgia.

During 2022, Azerbaijan had a large net trade with Georgia in the exports of Mineral Products ($489M), Metals ($56.5M), and Foodstuffs ($25.4M).

During 2022, Georgia had a large net trade with Azerbaijan in the exports of Transportation ($330M), Foodstuffs ($80.2M), and Animal Products ($51.9M).

Service Trade

Bilateral Service Trade

Aze Year

In 2008, Azerbaijan exported services to Georgia worth $29.7M, with Transportation ($13.1M), Construction services ($10M), and Services not allocated ($5.69M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Azerbaijan () to Georgia () (2008)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Azerbaijan has comparative advantage over Georgia. Similarly, the more yellow a dot/product is, the more Georgia has comparative advantage over Azerbaijan.

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Georgia () (2022)

Exports from Georgia () to Azerbaijan () (2022)

Latest Data

Trade between Azerbaijan () and Georgia ()

Azerbaijan Exports

Georgia Exports

Market Competitiveness

Difference in imports from Georgia () and Azerbaijan () (2022)

Comparative Advantage Azerbaijan - Georgia

Service Trade

Bilateral Service Trade

Services Exports from Azerbaijan () to Georgia () (2008)

Economic Complexity

Competitive Landscape

Product Space of Azerbaijan () and Georgia () (2022)

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